The Bulgarian National Assembly Committee on Budget and Finance rejected President Radev’s veto on the Corporate Income Tax Act. The most discussed topic regarded the increased tax on older vehicles. The Chairperson of the National Assembly Committee on Budget and Finance Menda Stoyanova defended the decision of the committee and explained that “owners of twenty- year-old (65 kw) vehicles who paid EUR 15 per year will now pay EUR 35 under the new methodology and the difference is roughly the price of a pack of cigarettes per month”. In President Radev’s view, a higher tax will not encourage the replacement of older cars with new ones and that the new rules will place the tax burden on the people with low incomes and the small and medium-sized business.
Decorative eggs decorated with natural flowers and greenery adorn Sofia at Easter. The installations, ranging in height from one to two and a half meters, have been placed with the assistance of the Sofia Municipality. The decoration featuring..
The Wings for Life World Run is a global event that will take place simultaneously around the world on 5 May. It will start at 14.00 Bulgarian time. All proceeds from entry fees will be donated to medical research with the aim of making spinal cord..
It will be mostly sunny on Sunday. Clouds will form over the mountains in the afternoon hours with a chance of isolated showers. The weather will be calm in most parts of the country. There will be light northeasterly wind in Eastern Bulgaria. The..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to..
"I wish health, peace and love in every Bulgarian home! May the light and joy of the greatest Christian holiday fill our hearts and minds and strengthen..
Thousands of people will gather tonight near the spring in the mountainous area of Dambala, just above Momchilgrad. They all believe that on this night..
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